David Powers - 21 Feb 2023 Form 4 Insider Report for DECKERS OUTDOOR CORP (DECK)

Role
President & CEO, Director
Signature
/s/ Lisa Bereda for David Powers as Attorney in Fact
Issuer symbol
DECK
Transactions as of
21 Feb 2023
Transactions value $
-$11,922,622
Form type
4
Filing time
22 Feb 2023, 17:03:55 UTC
Previous filing
02 Dec 2022
Next filing
16 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DECK Common Stock Options Exercise $2.49M +36K +38.98% $69.29* 128K 21 Feb 2023 Direct F1
transaction DECK Common Stock Sale -$14.4M -36K -28.05% $400.87 92.3K 21 Feb 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DECK Option (right to buy) Options Exercise $0 -36K -50% $0.00 36K 21 Feb 2023 Common 36K $69.29 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represent shares of common stock received upon exercise of stock option awards.
F2 These shares were sold in multiple transactions ranging from $398.64-$403.56. The reporting person undertakes to provide to Deckers Outdoor Corporation, any security holder of Deckers Outdoor Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth for the sales reported on this Form 4.
F3 100 percent of the underlying shares subject to the option vested on March 31, 2020 upon achievement of the performance criteria. The expiration date for these options is 4.21 years from the date of vesting.